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  • DESCRIPTION

    INVESTORS! LOOK HERE!!! Get consistent rents from this solid all-brick 7-unit which already has stellar and professional management in place. This rarely available and affordable almost never vacant multi-unit housing offering with a Denver address features a desirable unit mix of four 2 bed / 1 bath units and three 1 bed / 1 bath units. The zip code is transitioning rapidly and has been experiencing high appreciation rates. The 7.86% CAP rate (proforma), separate electric meters and mostly long term dependable tenants likely make this the perfect addition to a real estate investment portfolio. Not done yet--it includes a great opportunity for the new owner to add tenant value and income by leasing existing storage spaces (not currently in use) and by installing coin-op laundry machines in the utility room.

    KEY DETAILS
    • Price:
    • $849,900
    • Bedrooms:
    • 11
    • Square Footage:
    • 6,538
    • Acreage:
    • 0.18
    • Year Built:
    • 1954
    • MLS #:
    • 3615309
    • Street Address:
    • 1869 W Mosier Pl
    • City:
    • Denver
    • State:
    • CO
    • Postal Code:
    • 80223
    • County:
    • Denver
    • Subdivision:
    • Marland Heights
    • Listing Status:
    • For Sale - Under Contract

    Building

    • Basement Square Footage:
    • 1280
    • Basement Type:
    • Garden Level
    • Dwelling Type:
    • 5+ Plex (all Units)
    • Finished Above Ground Square Footage:
    • 5060
    • Finished Basement:
    • 1
    • Finished Square Feet:
    • 6538
    • Number Of Units:
    • 7
    • Percentage Of Basement Finished:
    • 95
    • Siding:
    • Brick
    • Style:
    • Multi-Story
    • Total Building Square Footage:
    • 6538
    • Type Of Roof:
    • Composition Shingles
    • Year Built:
    • 1954

    Business

    • Annual Electric Expenses:
    • 2400
    • Annual Insurance Expenses:
    • 3500
    • Annual Maintenance Expenses:
    • 4000

    Land

    • Conforms To Zoning:
    • E-Mu-2.5
    • Lot Square Footage:
    • 7975.00

    Listing

    • Financing Options:
    • Cash, Conventional
    • For Sale Or Lease?:
    • For Sale

    Money

    • Property Taxes:
    • $3,046
    • Tax Year:
    • 2018

    Structures

    • Parking Spaces:
    • 6

    Systems

    • Cooling System:
    • Ceiling Fan
    • Heating:
    • Baseboard, Steam
    • Heating Fuel:
    • Gas

    Source

    • Listing Provided By Home Treasure Finders Inc

      MLIST
    School data provided by
    GreatSchools
    REQUEST SHOWING
    SCHOOL RATINGS
    4

    GODSMAN ELEMENTARY SCHOOL
    Elementary School
    Public

    6

    GRANT MIDDLE SCHOOL
    Middle School
    Public

    3

    ABRAHAM LINCOLN HIGH SCHOOL
    High School
    Public

    NOTES

    No notes have been added for this home.

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